for the Period Ended 30 June 2023
Directors report | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 30 June 2023
Directors
The directors shown below have held office during the whole of the period from
1 July 2022 to 30 June 2023
The directors shown below have held office during the period of
1 August 2022 to 30 June 2023
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
As at
Notes | 2023 | 2022 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Intangible assets: | | | |
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Debtors: | 4 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 5 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | 6 | ( | ( |
Total net assets (liabilities): | ( | ( | |
Members' funds | |||
Profit and loss account: | ( | ( | |
Total members' funds: | ( | ( |
The notes form part of these financial statements
The directors have chosen not to file a copy of the company's profit and loss account.
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 June 2023
Basis of measurement and preparation
Tangible fixed assets depreciation policy
for the Period Ended 30 June 2023
2023 | 2022 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 30 June 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 July 2022 | | | ||||
Additions | ||||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 30 June 2023 | | | ||||
Depreciation | ||||||
At 1 July 2022 | | | ||||
Charge for year | | | ||||
On disposals | ||||||
Other adjustments | ||||||
At 30 June 2023 | | | ||||
Net book value | ||||||
At 30 June 2023 | | | ||||
At 30 June 2022 | | |
for the Period Ended 30 June 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Prepayments and accrued income | | |
Total | | |
for the Period Ended 30 June 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Trade creditors | | |
Taxation and social security | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |
for the Period Ended 30 June 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Total | | |
Passion 4 Social CIC is a social enterprise offering creative marketing services to the public, private and third sectors. The creative agency provides graphic design, web design, web/app development, content creation and management, digital marketing, search engine optimisation (SEO), analytics, and website accessibility audit services. The social mission of the company is to create sustainable employment opportunities, whilst providing training and upscaling career opportunities within an equality framework, for disabled and disadvantaged people or those with long-term health conditions, which contribute to their feelings of inclusion, health, wellbeing, and quality of life. The organisation has a flexible business model that enables people to work, how and when they can, in a way that puts their creativity, care and health to the forefront. A social impact report covering FY22-23 is available to download on the company website.
Our stakeholders are our directors, employees, service users, suppliers, partners, and creditors. To fulfil our objectives and to ensure the continual improvement of the organisation, we maintain essential lines of communication with all stakeholders. For instance, quarterly board meetings with all directors and monthly meetings with all employees. Furthermore, due to the diversity and varied requirements within the team, various avenues of communication have been developed and are used with a view to best cater for all. This is constantly monitored, and the effectiveness of communications is managed through an open and ongoing 360 feedback approach. Feedback forms are issued to clients after projects have been completed. Regular contact is also made with clients throughout the project process and a support service is provided after project completion. Feedback is requested for online seminars and workshops using feedback forms. The community is also kept updated via our website and Social Media platforms. Where feedback has been positive, that element has been maintained and if it’s been negative, that area has been improved
The aggregate amount of emoluments paid to or receivable by the (2022:8) directors in respect of qualifying services was £66,000 (2022: £72,838). There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
20 March 2024
And signed on behalf of the board by:
Name: Pavandeep Kaur STEWART
Status: Director